Author groups

About "Assurance services"

The PwC assurance services practice examines and attests to the financial performance and operations of your business. Beyond financial audits, this PwC practice also provides internal control audits, business and performance reporting, and social, environmental, and other compliance reviews.

3/31/15 | Assurance services

The TRG held its fourth meeting since issuance of new revenue standard to discuss several new implementation issues.

Flashline

3/26/15 | Assurance services

This week's PwC update on financial reporting developments includes: Point of view: The standard-setting process – The benefits of stakeholder engagement... ProxyPulse – First edition 2015... Shareholder activism – The who, what, when, and how... and more

3/24/15 | Assurance services

PwC describes its support for timely investor and preparer feedback to enhance the effectiveness of standard-setting.

3/23/15 | Assurance services

The FASB's active standard setting means it is more important than ever to know which standards are effective when. Here we provide effective dates for the FASB's recently released guidance, segregated between public companies and nonpublic companies since that designation results frequently translates into a different effective date.

3/23/15 | Assurance services

We have updated our guidance on the accounting for a debt modification when there is a change in principal.

In transition

3/20/15 | Assurance services

FASB and IASB voted to propose new practical expedients and additional clarifications to the new revenue recognition standard. In transition provides an overview of the implementation issues discussed.

3/17/15 | Assurance services

Summary of activities of the PCAOB, SEC, and FASB, and related international developments.

Quarter close

3/16/15 | Assurance services

The quarter close publication and video perspectives provide insight into the business and accounting impacts of declining oil and gas prices, recognizing the accounting implications of the Affordable Care Act, FASB, IASB and TRG developments related to implementing the new revenue standard, updates on FASB’s simplification proposals for stock-based compensation and income taxes, and more.

3/13/15 | Assurance services

See what issues may be top-of-mind for investors for 2015 annual shareholder meetings and how management may respond.

Flashline

3/12/15 | Assurance services

This week's PwC update on financial reporting developments includes: Latest developments on implementation of the new revenue standard webcast... PwC comments on the GASB’s preliminary views on lease accounting... IFRS Taxonomy 2015... and more

Webcast

3/10/15 | Assurance services

During the 90-minute webcast, our panel will discuss the latest developments on implementation issues related to the new revenue recognition standard. They will share the latest information on the FASB’s and IASB’s projects to clarify the guidance in the areas of licenses and identifying performance obligations. The panel will also provide an update on the issues debated by the Transition Resource Group (TRG), including developments from the March 30th TRG meeting.

2/26/15 | Assurance services

An analysis of the FASB's new consolidation standard amending the current consolidation guidance.

Webcast

2/25/15 | Assurance services

In this recorded webcast, PwC specialists discuss current lease accounting issues they see in the marketplace. Topics include build-to-suit leases, sale leasebacks, common terms in lease agreements that result in capital lease classification, and more.

1/12/15 | Assurance services

The FASB issued an ASU that simplifies income statement presentation by eliminating the concept of extraordinary items.

Flashline

1/8/15 | Assurance services

This week's PwC update on financial reporting developments includes: Reminder: Year-end financial reporting considerations and resources... BoardroomDirect: December 2014 edition — Monthly director e-newsletter... What matters in the boardroom? Director and investor views on trends shaping governance and the board of the future... and more

12/23/14 | Assurance services

PwC discusses key comment letter trends and considerations based on comment letters published by the SEC staff. Trends are organized by selected industries and accounting topics. We highlight the areas that received the most comments from the SEC and provide relevant examples of recent comments to aid preparers in assessing whether their disclosures are transparent and consistent with relevant accounting and reporting guidance.

This Practical tip discusses the presentation of a discontinued operation subsequently retained, and the reporting requirements in subsequent registration statements.

Flashline

12/18/14 | Assurance services

This week's PwC update on financial reporting developments includes: In depth: Year-end financial reporting considerations... In depth: Highlights of the 2014 AICPA National Conference on Current SEC and PCAOB Developments... Regulatory and standard setting developments... and more

Provides a framework and specific examples of how to account for foreign currency transactions and foreign operations.

Quarter close

12/8/14 | Assurance services

This edition of The quarter close provides insight into the potential effect of the revenue standard on compensation plans, what to look for to identify embedded derivatives in new or modified debt agreements, a spotlight on the FASB’s newly unveiled guidance for applying pushdown accounting, an SEC focus on internal controls, and more.

12/5/14 | Assurance services

New guidance issued by the FASB makes pushdown accounting optional for public and nonpublic companies effective now.

Flashline

12/4/14 | Assurance services

This week's PwC update on financial reporting developments includes: Point of view: Audit committee evolution — 2014 and beyond... The quarter close: Common embedded derivatives... In the loop: Pushdown accounting — make the right choice for your company... and more

We invite you to watch a recording of our quarterly webcast, designed to keep you informed about emerging accounting, regulatory, and market developments impacting financial reporting.

11/18/14 | Assurance services

In this survey report, PwC and FERF teamed up to gain an understanding of where companies are relative to implementing new revenue recognition standard. While many companies do not know what the implementation journey fully looks like yet in terms of implementation processes, costs, timing, contract reviews, IT and systems, operations, quantification and reporting, they understand they should start preparing now.

Flashline

11/13/14 | Assurance services

This week's PwC update on financial reporting developments includes: Introducing “In transition — Practical insights on revenue recognition implementation”... Point of view: The interim reporting model — Time to get back to basics... M&A snapshot — Companies in distress: Bankruptcy process and reporting considerations... and more

Webcast

11/13/14 | Assurance services

This PwC National Professional Services Group webcast discusses current accounting and financial reporting developments with a focus on private company considerations. Watch a replay or participate in the on demand (CPE-eligible) version of this webcast.

Accounting guides

10/30/14 | Assurance services

The inaugural edition of our "Financial statement presentation" accounting and financial reporting guide addresses U.S. GAAP presentation and disclosure requirements of common balance sheet and income statement accounts.

This week's PwC update on financial reporting developments includes: IFRS and US GAAP: similarities and differences — 2014 edition... In brief: New mortality tables to impact benefit obligation assumptions... Annual Corporate Directors Survey: Trends shaping governance and the board of the future — 2014... and more

Webcast

10/23/14 | Assurance services

Watch or participate in our on-demand CPE-eligible two-part webcast series where we discuss the new Revenue Recognition standard in detail, and help you understand the pervasive business implications, as well as what companies can do to prepare for implementation of the new standard. Additionally, we expand our discussion with a series of industry-specific webcasts that look at the impact the new revenue recognition standard will have on various sectors.

Webcast

10/23/14 | Assurance services

This PwC National Professional Services Group webcast provides a refresher on derivatives and hedge accounting guidance and practices with a focus on hedging foreign currency risk and interest rate risk. Watch a replay or participate in the on demand (CPE-eligible) version of this webcast.

10/15/14 | Assurance services

Signs your company might be in distress and actions it can take to turn the business around.

Flashline

10/9/14 | Assurance services

This week's PwC update on financial reporting developments includes: Webcast: IASB and PwC perspectives on how the new revenue standard will change your business – October 23... IFRS news – October 2014... FASB meeting recap - Decisions reached to simplify accounting for stock-based compensation... and more

9/30/14 | Assurance services

PwC supports the FASB's decision to require that inventory be measured at the lower of cost and net realizable value.

Flashline

9/25/14 | Assurance services

In depth: FASB defines management’s going concern assessment and disclosure responsibilities... Private company reporter: PCC votes to simplify the accounting for certain intangible assets... In the loop: Selling part of your business? New rules for reporting disposals... Regulatory and standard-setting developments – September 2014... and more

9/24/14 | Assurance services

The FASB and IASB have issued their long-awaited converged standard on revenue recognition. How will you be affected? This industry-specific supplement to our In depth publication highlights some of the areas that could create the most significant challenges for Asset management companies as they transition to the new revenue standard.

Accounting guides

9/16/14 | Assurance services

This PwC guide explains the principles of accounting and financial reporting for business combinations and noncontrolling interests (ASC 805) under both U.S. GAAP and IFRS. This guide includes our perspectives on the application of those principles, and our insights on the challenges of accounting for intangible assets and goodwill in the post-combination period.

Quarter close

9/15/14 | Assurance services

This edition updates you on recent FASB, SEC and other regulatory and corporate governance topics. Learn what's new now, and what to look for in the near future. We invite you to download our Q3 publication and view our new video perspectives.

Do you think the revenue recognition standard only impacts revenue? Think again! Hear our experts discuss our top 5 financial statement line items that may be impacted OTHER than revenue.

Video

9/8/14 | Assurance services

Spin-off transactions are increasing in the marketplace. Is there one in your future? PwC's Neil Dhar, Ravi Rao and Beth Paul discuss the current market trends, key considerations for carve-out financial statements, and how to be successful both during and after a spin-off.

Is the accounting world too complex? Learn about the FASB simplification initiative from PwC's talk with Sue Cosper, technical director at the FASB.

9/8/14 | Assurance services

The FASB and IASB have issued their long-awaited converged standard on revenue recognition. How will you be affected? This industry-specific supplement to our In depth publication highlights some of the areas that could create the most significant challenges for Real Estate companies as they transition to the new revenue standard.

Flashline

9/4/14 | Assurance services

This week's PwC update on financial reporting developments includes: In the loop: Spin-off transactions – creating a new public entity... BoardroomDirect – August 2014... Reminder: On the horizon at the FASB webcast... FASB meetings and project updates...and more

In the loop

9/3/14 | Assurance services

Spin-offs represent a growing trend in recent years. Is there one in your future? Gain insight into the spin-off process including developing carve-out financial statements and creating a sustainable stand-alone entity.

8/21/14 | Assurance services

Webcast

8/13/14 | Assurance services

Part 3 of PwC’s National Professional Services Group’s Accessing the capital markets series features Beth Paul, U.S. Strategic Thought Leader, Ravi Rao, National Office SEC Services Partner, and Neil Dhar, National Capital Markets Leader. The panel focuses on carve-out transactions and discusses trends in the divestiture market as well as how to manage the divestiture process. The panel also outlines key issues and accounting considerations, explores SEC reporting requirements, and provides key takeaways for participants.Watch a replay or participate in our on demand (CPE-eligible) version.

The IASB published the complete version of IFRS 9, Financial instruments, which replaces most of the guidance in IAS 39. This In depth considers the new impairment model in IFRS 9.

In depth

8/13/14 | Assurance services

The IASB published the complete version of IFRS 9 Financial Instruments, which replaces most of the guidance in IAS 39. This In depth considers the changes to classification and measurement of financial assets in IFRS 9.

Accounting guides

8/11/14 | Assurance services

Our global accounting and financial reporting revenue recognition guide describes the accounting for revenue from contracts with customers under the converged U.S GAAP and IFRS revenue standard (ASC 606) issued in May 2014. It has been prepared to support entities as they identify the implications of the new revenue recognition standard, evaluate its impact (on business strategies, processes, systems, controls, financial statement recognition and required disclosures) and prepare for implementation.

In depth

8/5/14 | Assurance services

The FASB expects to issue a final standard amending the current consolidation guidance in the coming months. The new consolidation standard will make targeted changes to the current consolidation guidance and end the deferral granted to investment companies from applying the variable interest entity (VIE) guidance.

7/29/14 | Assurance services

The FASB and IASB have issued their long-awaited converged standard on revenue recognition. How will you be affected? This industry-specific supplement to our In depth publication highlights some of the areas that could create the most significant challenges for technology companies as they transition to the new standard.